9thGlobal Workshopon Energy and Climate Change

Buenos Aires, Argentina - November 21st to 23rd, 2018

What is the Global Energy and Climate Change Workshop?

The Telefónica Global Energy and Climate Change Workshop is a yearly meeting of the company’s leaders in energy transformation and other principal collaborating companies.

The event’s main goal is to take advantage of the current opportunities that abound in this field and to encourage innovation in order to reduce Telefónica’s energy consumption and carbon footprint at a global level. At this event, presentations are given on the most recent initiatives in renewable energies and energy efficiency.

It will be a moment for analysis and for setting new challenges: the event brings together the different areas of the company that are responsible for network infrastructure, finances, purchasing and sustainability. On the heels of 8 previous years, the Workshop is clearly an established and key event for promoting a low-carbon economy at Telefónica.

Each year the event brings together more than 250 people from all the countries where Telefónica is present.

Why energy and climate change at Telefónica?

At Telefónica we want to do more with less. Our commitment can be seen in the new energy and climatic change objectives we have set, in line with the global commitment to not exceed 2ºC in temperature (2DS), according to the Paris Agreement.

Our Objectives for the 2015-2020 period are not only compatible with the expansion of the network and the quality of the service, but also to be more competitive:

• Reduce energy consumption per unit of traffic by 50%.

• Begin to cut off our growth in greenhouse gas emissions, reducing them by 30% in absolute terms by 2020 and by 50% by 2030.

• Save 90 million euros for energy efficiency projects.

• Using 50% of electricity from renewable sources by 2020 and 100% by 2030.

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To make this possible, Telefonica has an Office of Climate Change, which promotes the Energy Efficiency Program and the Renewable Energy Plan.

We have reduced energy consumption by 52% per unit of traffic compared with 2015.

Under the aforementioned program, in 2017, we carried out 171 energy efficiency initiatives in our networks and offices, with which we were able to save 138 GWh and and we avoid the emission of more than 36,972 tons of CO2 equivalent. Since the implementation of our Energy Efficiency Plan in 2010, a total of 601 projects have been launched, which have saved more than 110 million euros.

Our carbon emissions are 28% lower than in 2015.

In addition, thanks to our Renewable Energy Plan, 46.8% of electricity consumption comes from renewable sources, which is equivalent to the average annual consumption of 213,944 households. This has allowed us to reduce our emissions of Scope 2 by 770 kt of CO2 equivalent.

As is tradition in the Workshop on Energy and Climate Change will be awarded to the Telefónica best environmental and energy efficiency projects that have contributed most to the Company’s Energy and Climate Change Objectives during the year.